To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing.
Major equity indexes have drifted sideways with a downward bias over the past week as lackluster data, and Friday’s monthly jobs report, paved the way for profit-taking pressures. On the home front, investors digested improving manufacturing and construction spending data, though it was far from stellar, whereas factory orders turned negative month-over-month.
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Risk Appetite Review
Selling pressures have been plaguing Wall Street over the past week as evidenced by negative returns across the board:
Major Index Review
Emerging markets remain at the bottom of the barrel from both a short- and longer-term horizon:
Domestic Sector Review
Sector returns were negative across the trailing week period and those still in positive territory over the past month are Discretionary, Financials, Technology, and Health Care:
Foreign Equity Review
Russia and Brazil remain at the bottom of the barrel in terms of monthly returns given the recent slowdown in crude oil’s rebound:
Copper and natural gas prices were the biggest losers of the week, while agricultural goods saw the biggest gains:
The U.S. dollar took a dive lower for the week, which served as a tailwind for the euro more so than any other currency from this group: